The Finanser Logo

Chris Skinner's blog

Shaping the future of finance

Cognizant Logo

The Finanser’s Week: 18th April – 24th April 2011

Chris Skinner Author Avatar
by

 

Our biggest stories of the week are ...

Secret service and trading: both find needles in haystacks

I was at TradeTech the other day, one of the largest conferences and exhibitions focused upon buy and sell side technologies. It had a good attendance and agenda, although I did wonder why it was sponsored by Virgin Money. As we walked into TradeTech, I was amazed at the over-the-top Virgin branding all over the walkways.

Psychos, maniacs and nutters: the average trading room

Another aspect of trading that cropped up recently was the whole thing about trading psychologies. This was kicked off by one of the speakers, a Psychology Professor, exploring the psychology of trading ...

Fall out from the Flash Crash

Another presentation I was interested to hear at TradeTech was Larry Tabb on the US regulatory actions since the flash crash. Larry is CEO of TABB Group, a research firm focused on capital markets that he founded in 2003 after several years leading TowerGroup’s ....

 

The major general news stories of the week include ... 

Banks didn't know if assets were 'criminal' say MPs - The Telegraph

RBS and Lloyds could not provide "basic information" on their own assets in the wake of the crisis or guarantee that they were not linked to "fraud or criminal activity", MPs find.

Moody's cuts Irish banks to junk - BBC

Credit rating agency Moody's downgrades its ratings on Irish banks to junk, renewing pressure on the eurozone's weaker countries.

Banks' claims they will move abroad are 'empty threats' says Financial Stability Board boss - The Telegraph

Claims by banks that they will relocate to foreign shores in protest at strict new rules are largely empty threats, the global financial regulator has suggested.

Barclays investors want move to New York - The Telegraph

A group of major shareholders in Barclays has made it clear that it would prefer the British bank to be domiciled outside the UK.

HSBC’s new boss must save a great firm from mediocrity - The Economist

Although HSBC has huge operations in America, Britain and France, it thinks of itself as an emerging-market specialist, with a tradition stretching back to its foundation in Hong Kong in 1865. The legend no longer fits reality, though.

RBS to shake up investment banking arm - Financial Times

UK bank shakes up the leadership of its investment banking division after a skiing accident suffered by one of its most senior ¬executives

Virgin Money's Jayne-Anne wants one portable bank account number - BBC

As Virgin Money prepares to move its headquarters to Edinburgh, Douglas Fraser, presenter of BBC Radio Scotland's programme Business Scotland, spoke to its chief executive about her vision for the "transparent" bank's role in UK finance.

Square’s Disruptive Payment Service About To Get A Huge Retail Boost From Apple - Techcrunch

Mobile payments company Square has landed a big coup—sales placement on Apple’s online store. Apple will start selling Square devices in all of its U.S. retail stores starting this week.

Britons Mike Ellam and Verena Ross land top European financial services jobs - The Telegraph

Two of Europe's most senior financial services posts have been filled by Britons Mike Ellam and Verena Ross, giving the UK more power to shape banking policy in Brussels.

Money talk - BBC

What are the options for making payments overseas?

 

If you like the Finanser, check out the books of the blog: the new Complete Banker Series

 

The Financial Services Club is sponsored by:

   Cognizant Logo 

 

For details of sponsorship email us.

 

Chris Skinner Author Avatar

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

Chris’s latest book

Chris Skinner’s ‘Digital For Good’ Book Launch Event – CFTE

Global Awards

Best CEO of the Year UK 2022

Best Digital Finance Provider of the Year UK 2022

Best Financial Markets Adviser of the Year UK 2022

Portal to the Knowledge Base of the Financial Services Club UK 2022

Financial Markets Advisor of the Year UK 2022

Corporate America Today Annual Awards

Best Financial Markets Adviser of the Year UK 2022

Portal to the Knowledge Base of the Financial Services Club UK 2022

Financial Markets Advisor of the Year UK 2022

Best Financial Services Blogger

Nominee of MAD33 2021

Kids creating the future bank | TEDxAthens

Join me on Linkedin

Follow Me on Twitter!

UK’s most influential person in technology

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

TheNextWeb – #tnw

Learn more about Chris

About Chris Skinner

Digital Bank Presentation

Digital Bank, May 2014 from Chris Skinner

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser